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Block (SQ)
NYSE:SQ
Holding SQ?
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SQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.85 - $87.52
Previous Close$65.78
Volume4.50M
Average Volume (3M)6.53M
Market Cap
$40.50B
Enterprise Value$39.08B
Total Cash (Recent Filing)$8.46B
Total Debt (Recent Filing)$7.04B
Price to Earnings (P/E)51.2
Beta2.49
Next Earnings
Oct 31, 2024EPS Estimate
$0.87Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.28
Shares Outstanding615,645,000
10 Day Avg. Volume5,126,795
30 Day Avg. Volume6,526,726
Standard Deviation0.18
R-Squared0.50
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)2.29
Price to Sales (P/S)1.94
Price to Cash Flow (P/CF)13.60
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.69
Enterprise Value/Gross Profit5.21
Enterprise Value/Ebitda93.77
Forecast
1Y Price Target
$87.25Price Target Upside29.59% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering26
Block News
Bulls Say, Bears Say
Bulls Say
Cash App PerformanceCash App continues to execute on its 'bank the base' strategy, driven by cross-selling additional banking products and BNPL to its existing customer base.
Product InnovationSquare has sharpened its focus on product innovation, sales, marketing, and partnerships.
ValuationWith shares trading at just 4x C25E EV/GP and 10x C25E EV/EBITDA, it is believed that SQ is undervalued and that its high-quality business model is underappreciated.
Bears Say
Financial PerformanceInterest expense $38m, up from $19m in Q1 due to new $2b loan.
Growth ConcernsCore KPIs lacked Q/Q improvement with management failing to provide a concrete update on DD.
Regulatory RisksCFPB now has the authority to either settle or pursue enforcement action in relation to Cash App disputes.
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Ownership Overview
3.43% Insiders
23.08% Mutual Funds
37.11% Other Institutional Investors
36.39% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Block
Desktop Users
Mobile Users
SQ FAQ
What was Block’s price range in the past 12 months?
Block lowest stock price was $38.85 and its highest was $87.52 in the past 12 months.
What is Block’s market cap?
Currently, no data Available
When is Block’s upcoming earnings report date?
Block’s upcoming earnings report date is Oct 31, 2024 which is in 42 days.
How were Block’s earnings last quarter?
Block released its earnings results on Aug 01, 2024. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.829 by $0.101.
Is Block overvalued?
According to Wall Street analysts Block’s price is currently Undervalued.
Does Block pay dividends?
Block does not currently pay dividends.
What is Block’s EPS estimate?
Block’s EPS estimate is $0.87.
How many shares outstanding does Block have?
Block has 555,234,000 shares outstanding.
What happened to Block’s price movement after its last earnings report?
Block reported an EPS of $0.93 in its last earnings report, beating expectations of $0.829. Following the earnings report the stock price went up 0.801%.
Which hedge fund is a major shareholder of Block?
Among the largest hedge funds holding Block’s share is Sands Capital Management LLC. It holds Block’s shares valued at 742M.
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Block Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$87.25 (29.59% Upside)
$87.25 (29.59% Upside)
Blogger Sentiment
Bullish
SQ Sentiment 84%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 5.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $23.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
24.51%
12-Months-Change
Fundamentals
Return on Equity
4.41%
Trailing 12-Months
Asset Growth
20.82%
Trailing 12-Months
Company Description
Block
Founded in 2009, California-based Square, Inc. provides credit card payment processing solutions. The company's commerce ecosystem offers point-of-sale software and hardware that helps sellers with payment and point-of-sale solutions.
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SQ Company Deck
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SQ Earnings Call
Q2 2024
0:00 / 0:00
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SQ Stock 12 Month Forecast
Average Price Target
$87.25
▲(29.59% Upside)
Technical Analysis
Best Analysts Covering SQ
1 Year
1 Year Success Rate
20/32 ratings generated profit
1 Year Average Return
+29.51%
reiterated a buy rating 5 months ago
Copying Darrin Peller's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +29.51% per trade.
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